Here's what a bankruptcy filing means for the five lawsuits related to the deaths of 27 campers during July 4 floods.

Camp Mystic filed for Chapter 11 bankruptcy reorganization on Wednesday, nearly a year after catastrophic floods killed 25 girls and two teenage counselors at the all-girls Christian camp in Texas.

Several families of victims have filed lawsuits against the camp and the Eastland family, which owned and operated Camp Mystic, accusing them of “gross negligence”.